november finance ltd

1.5

november finance ltd Company Information

Share NOVEMBER FINANCE LTD
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Company Number

10711688

Website

-

Registered Address

71-75 shelton street, covent garden, london, WC2H 9JQ

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Telephone

02070960195

Next Accounts Due

January 2025

Group Structure

View All

Directors

Raghu Venugopal7 Years

Shareholders

raghu venugopal 100%

november finance ltd Estimated Valuation

£71.6k

Pomanda estimates the enterprise value of NOVEMBER FINANCE LTD at £71.6k based on a Turnover of £75.9k and 0.94x industry multiple (adjusted for size and gross margin).

november finance ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of NOVEMBER FINANCE LTD at £0 based on an EBITDA of £-71.4k and a 3.73x industry multiple (adjusted for size and gross margin).

november finance ltd Estimated Valuation

£12.4k

Pomanda estimates the enterprise value of NOVEMBER FINANCE LTD at £12.4k based on Net Assets of £18.3k and 0.68x industry multiple (adjusted for liquidity).

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November Finance Ltd Overview

November Finance Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 10711688. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2017, it's largest shareholder is raghu venugopal with a 100% stake. November Finance Ltd is a young, micro sized company, Pomanda has estimated its turnover at £75.9k with declining growth in recent years.

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November Finance Ltd Health Check

Pomanda's financial health check has awarded November Finance Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £75.9k, make it smaller than the average company (£4.3m)

£75.9k - November Finance Ltd

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -55%, show it is growing at a slower rate (4%)

-55% - November Finance Ltd

4% - Industry AVG

production

Production

with a gross margin of 20.3%, this company has a higher cost of product (59.7%)

20.3% - November Finance Ltd

59.7% - Industry AVG

profitability

Profitability

an operating margin of -94.1% make it less profitable than the average company (10.8%)

-94.1% - November Finance Ltd

10.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - November Finance Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £73.5k, the company has an equivalent pay structure (£73.5k)

£73.5k - November Finance Ltd

£73.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £75.9k, this is less efficient (£206k)

£75.9k - November Finance Ltd

£206k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (31 days)

93 days - November Finance Ltd

31 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - November Finance Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - November Finance Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - November Finance Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.9%, this is a lower level of debt than the average (57.6%)

5.9% - November Finance Ltd

57.6% - Industry AVG

NOVEMBER FINANCE LTD financials

EXPORTms excel logo

November Finance Ltd's latest turnover from April 2023 is estimated at £75.9 thousand and the company has net assets of £18.3 thousand. According to their latest financial statements, we estimate that November Finance Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Turnover75,851342,870422,099852,230249,177152,890
Other Income Or Grants000000
Cost Of Sales60,416258,921315,133609,882178,037103,807
Gross Profit15,43583,949106,966242,34871,14049,083
Admin Expenses86,835138,668192,74717,48342,34718,515
Operating Profit-71,400-54,719-85,781224,86528,79330,568
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit-71,400-54,719-85,781224,86528,79330,568
Tax000-42,724-5,471-5,808
Profit After Tax-71,400-54,719-85,781182,14123,32224,760
Dividends Paid000000
Retained Profit-71,400-54,719-85,781182,14123,32224,760
Employee Costs73,47071,20667,423138,32769,77467,558
Number Of Employees111211
EBITDA*-71,400-54,719-85,781224,86528,79330,568

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress000000
Trade Debtors19,47389,723144,917284,22291,77454,661
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets19,47389,723144,917284,22291,77454,661
total assets19,47389,723144,917284,22291,77454,661
Bank overdraft000000
Bank loan000000
Trade Creditors 0047553,99943,00229,241
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities0047553,99943,00229,241
loans000000
hp & lease commitments000000
Accruals and Deferred Income0000690660
other liabilities000000
provisions1,15000000
total long term liabilities1,150000690660
total liabilities1,150047553,99943,69229,901
net assets18,32389,723144,442230,22348,08224,760
total shareholders funds18,32389,723144,442230,22348,08224,760
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Operating Activities
Operating Profit-71,400-54,719-85,781224,86528,79330,568
Depreciation000000
Amortisation000000
Tax000-42,724-5,471-5,808
Stock000000
Debtors-70,250-55,194-139,305192,44837,11354,661
Creditors0-475-53,52410,99713,76129,241
Accruals and Deferred Income000-69030660
Deferred Taxes & Provisions1,15000000
Cash flow from operations000000
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000000
interest000000
cash flow from financing000000
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

november finance ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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November Finance Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for november finance ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.

november finance ltd Ownership

NOVEMBER FINANCE LTD group structure

November Finance Ltd has no subsidiary companies.

Ultimate parent company

NOVEMBER FINANCE LTD

10711688

NOVEMBER FINANCE LTD Shareholders

raghu venugopal 100%

november finance ltd directors

November Finance Ltd currently has 1 director, Mr Raghu Venugopal serving since Apr 2017.

officercountryagestartendrole
Mr Raghu VenugopalEngland47 years Apr 2017- Director

P&L

April 2023

turnover

75.9k

-78%

operating profit

-71.4k

0%

gross margin

20.4%

-16.89%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

18.3k

-0.8%

total assets

19.5k

-0.78%

cash

0

0%

net assets

Total assets minus all liabilities

november finance ltd company details

company number

10711688

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

April 2017

age

7

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

April 2023

address

71-75 shelton street, covent garden, london, WC2H 9JQ

accountant

-

auditor

-

november finance ltd Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to november finance ltd.

charges

november finance ltd Companies House Filings - See Documents

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